#Bitcoin OG Andreas Antonopoulos addressing the "problem" of quantum computing and Bitcoin security.

6000 nodes running 1152 qubits each will break secp256k1 in 10 minutes on average. There are over 40 companies working on breaking ECC-256 in 2027 and BTC is considered the main prize. I agree that NSA isn't too much of a concern, because they would go after the people holding hospitals for ransom and getting paid in anonymized bitcoin. On the other hand China has specifically stated that the PRC must destroy Bitcoin in order for China to survive. 35% of GDP is smuggled out of the country using BTC, and they can't become an import economy with that much bleeding. Companies will target BTC in order to get maybe some crypto, but definitely stock price boost and customers around the block. Google's false narrative got so many clicks that the legitimate leaders in the field need to double down and do some real damage to get the same syndication and exposure. By 2027 the population will be so accustomed to "big news in quantum" that it will take real damage to get views. Exposed Public Keys 5M-10M BTC. “This includes all outputs with P2PK/raw multisig outputs, plus P2PKH outputs with known pubkeys, and P2SH/P2WSH with known scripts.” - Pieter Wuille With a 10 minute solve time converting public keys to private keys, it will be possible to interrupt every transaction and redirect the funds before the block can be mined. Those public keys are exposed by attempting to spend the BTC, and that is built into the security of the transaction verification. With 6000 nodes at 1152 qubits (current record is 1255) it will be possible to steal all BTC, even if there is no public key known at the time of transaction. If the block time is changed to 1 minute, then the quantum network needs to grow 4.5x in size or decrease the component time by 10.

$CELL is solve for troubles caused #willow and others #quantumcomputers. #cellframe is written in C - ultralight, fast and most scalable (multilayered structure L0 L1 L2). @IanSmith_HSA is creating $qevm @quantumevm based on Cellframe.

What @aantonop says at 6:20 is not correct. We know the public keys for TXs from that era because they used Pay-to-Public-Key. There’s no need for the coins to be spent in order to reveal the public key. Sending coins to a P2PK address is enough to expose the public key.

Don’t worry people, we’re just gonna collect the private keys of everyone and give them their corresponding quantum-safe key. Pleas don’t forget to bring your lost keys to the appointment (Yes talking about you Satoshi). Then we gonna repeat it every 5 years and we’re all be fine

Can you imagine the transaction fees once a quantum resistant address type becomes available and all Bitcoiners are trying to move to that address type at the same time? We need that upgrade now so we have time to slowly migrate before there's a real threat.

We already have a solution — Cellframe Network's quantum-resistant blockchain protocol. Just take a look.

Not only for $btc #bitcoin, #willow is threat. All projects like $ada $eth $sol $xrp are in trouble. @IOHK_Charles @anatoly_CEO_SOL should cooperate with @cellframenet @naeper and ensure quantum resistance by implementing #cellframe technology.

Really great insights from Andreas. Looks like we are still so far away from being able to crack cryptography though.

Address reuse likely to be impacted first by quantum. Good for people to hear that!

Soon bro will come up with a solution to 🫡